ASI Market Report

Market Summary, Week ending Nov. 16, 2018

Feeder Prices, 60-90 lbs. ($/cwt.), San Angelo: NA; St. Onge-Newell, SD: $149.90-$187.60; Billings, MT (Oct. 29): $156.17-$188.51.

Slaughter Prices – Live, negotiated, 130-170 lbs. $134.42 per cwt.

Slaughter Prices – Formula, 77.40 lbs. carcass weight $269.46 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 76.45 lbs. carcass weight $269.95 per cwt.

Equity Electronic Auction, No sales.

Cutout Value/Net Carcass Value (1), $332.12 per cwt.

Carcass Price, Choice and Prime, YG 1-4, weighted average prices ($/cwt.), No prices reported.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4” Loins 558.06, Rack, roast-ready, frenched (cap-on) 1,662.42, Rack, roast-ready, frenched, special (cap-off) 2,180.86 , Leg, trotter-off, partial boneless 497.76, Shoulder, square-cut 289.83, Ground lamb 569.56.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 1,266.60, AUS Shoulder (fresh, square-cut) 323.22, AUS Leg (fresh, semi boneless) 381.68, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,301.66, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 1,200.88, AUS Shoulder (frozen, square-cut) 269.05.

Exported Adult Sheep, 0 head

Wool, ($/pound clean), delivered FOB, From 14 weeks ago: 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) NA, 21 micron (Grade 64-70s) 6.00, 22 micron (Grade 64s) 5.28, 23 micron (Grade 62s) 5.26, 24 micron (Grade 60-62s) 4.92, 25 micron (Grade 58s) 3.74, 26 micron (Grade 56-58s) NA, 27 Micron (Grade 54-56s) NA, 28 micron (Grade 54s) NA, 30 micron (Grade 50s) NA, 32 micron (Grade 46-48s) NA, Merino Clippings NA.

Australian Wool, ($/pound clean), delivered FOB, 18 micron (Grade 80s) 5.71-6.47, 19 micron (Grade 80s) 5.31-6.02, 20 micron (Grade 70s) 5.22-5.92, 21 micron (Grade 64-70s) 5.19-5.88, 22 micron (Grade 64s) 5.27-5.97, 23 micron (Grade 62s) 5.11-5.79, 24 micron(Grade 60-62s) 4.35-4.93, 25 micron (Grade 58s) 3.44-3.89, 26 micron (Grade 56-58s) 2.92-3.30, 28 micron (Grade 54s) 2.00-2.27, 30 micron (Grade 50s) 1.78-2.02, 32 micron (Grade 46-48s) 1.30-1.47, Merino Clippings 2.85-3.23.

(1) The cutout value is the same as a net carcass value. It is a composite value that sums the value of the respective lamb cuts multiplied by their weights. It is also the gross carcass value less processing and packaging costs.